Creating market support for energy efficiency
Summary
The Perform, Achieve and Trade (PAT) scheme is India's first market-based energy efficiency trading mechanism, launched on 30 March 2012 under the National Mission on Enhanced Energy Efficiency. It targets 478 facilities across eight energy-intensive sectors, aiming to reduce emissions by 26 million tonnes of carbon dioxide equivalent by 2015. The scheme utilizes plant-specific energy consumption reduction targets rather than sectoral ones, with an average target of 4.8%. Facilities that exceed their targets receive tradable energy savings credits, while those that fall short must purchase them. The document emphasizes that the scheme's success relied on a four-year design phase involving extensive stakeholder consultations, the collection of plant-level baseline data, and the utilization of existing institutional capacity through the Bureau of Energy Efficiency (BEE).
Key insights
- The scheme targets 478 facilities across eight specific sectors: aluminium, chlor-alkali, textile, pulp and paper, iron and steel, fertiliser, cement, and thermal power plants. These facilities represent approximately 60% of India's total primary energy consumption.
Cite the original document
- APA
- Singh, N. (2013). Creating market support for energy efficiency. Climate and Development Knowledge Network. http://cdkn.org/wp-content/uploads/2013/01/India-PAT_InsideStory.pdf
- Chicago
- Singh, Neelam. Creating market support for energy efficiency. Climate and Development Knowledge Network, 2013. http://cdkn.org/wp-content/uploads/2013/01/India-PAT_InsideStory.pdf.
- Wikipedia
- {{cite report |last1=Singh |first1=Neelam |title=Creating market support for energy efficiency |publisher=Climate and Development Knowledge Network |date=January 2013 |url=http://cdkn.org/wp-content/uploads/2013/01/India-PAT_InsideStory.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{singh2013creating, author = {Singh, Neelam}, title = {{Creating market support for energy efficiency}}, institution = {Climate and Development Knowledge Network}, year = {2013}, month = jan, url = {http://cdkn.org/wp-content/uploads/2013/01/India-PAT_InsideStory.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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